penangproperty
Elvina @ Balik Pulau β€” subsale landed in Jalan Sungai Nipah 2, Balik Pulau

Balik Pulau Β· Subsale Market

Elvina @ Balik Pulau Subsale β€” Balik Pulau, Penang

Current asking prices, floor plans, and what to inspect before signing the SPA. Live subsale shortlist sent direct to your WhatsApp.

Elvina @ Balik Pulau is a completed freehold landed development in Balik Pulau, Penang, completed in 2025 by JKP Sdn. Bhd.. It has 26 units. It launched from around RM 587K in 2021 β€” that is the launch price, not a current resale figure. WhatsApp Zac for live asking prices.

Price at a glance

Prices as at September 2026 β€” Developer launch prices basis. Last checked 2026-07-20. A negotiation floor, not what it trades at today.

Unit typeSize (sqft)Price fromPSF from
All units1,400–2,200RM587,000~RM267

Available Listings

No listings currently on file. Zac may have off-market units available.

Ask Zac about availability

Why buy a Elvina @ Balik Pulau subsale (vs a new launch elsewhere)

Immediate occupancy

Move in within 3 months of SPA. No 36-month construction wait.

Verified surroundings

Balik Pulau's noise levels, traffic, neighbour mix, and JMC quality are known quantities at Elvina @ Balik Pulau.

Established maintenance

Sinking fund history is visible. You can read the last 12 months of JMC minutes before committing.

Due diligence before buying at Elvina @ Balik Pulau

  1. 1.Individual title status β€” Confirm whether individual title has issued and is in the seller's name. Master-title landed transactions carry extra steps and time.
  2. 2.Approved extensions β€” Most landed resales have some extension. Ask for the approved plan β€” unapproved structures can be an issue at your own resale or refinancing.
  3. 3.Drainage and ground level β€” Walk the perimeter and ask neighbours directly about flooding history. Penang's heavy-rain events are the honest test, not a dry-day viewing.
  4. 4.Gated scheme fees and rules β€” For gated-and-guarded schemes, confirm the monthly fee, what it covers, and the collection rate. Poor collection means declining security cover.
  5. 5.Roof, structure and termites β€” Commission an inspection for anything over fifteen years old. Roof and termite remediation are the two costs that most often blow a landed budget.

Elvina @ Balik Pulau price 2026

What Elvina @ Balik Pulau trades at on the sub-sale market, last checked 2026-07-20.

Asking fromRM587,000+
Built-up1,400 – 2,200 sqft
Completed2025
Units26

Developer launch price. This is what the developer charged at launch, not what the building trades at today. Treat it as a floor for negotiation, not a guide to current value.

The building is 1 year old. Still young. The defects liability period has long expired, so anything outstanding is now the management corporation’s problem and, through the sinking fund, partly yours. Check what was actually rectified.

Every unit here sits below the RM1M foreign-buyer minimum, so this building is open to Malaysian and PR buyers only.

Selling rather than buying? The RPGT rates and the 21B retention decide what you keep β€” and if you are near the five-to-six-year line, the date matters more than the price.

Elvina @ Balik Pulau for sale & for rent

Looking to buy or rent a home in Elvina @ Balik Pulau? Asking prices and rents move with the market and with the specific home β€” floor, facing, condition β€” so rather than quote a stale number, message Zac for the current listings and a straight read on what is realistic today.

Elvina @ Balik Pulau key facts

Developer
JKP Sdn. Bhd.
Area
Balik Pulau, Penang
Type
landed
Tenure
freehold
Completed
2025
Total units
26
Price from
RM 587K

Need the full project profile? Specifications, floor plans, nearby amenities, and Zac's take on Elvina @ Balik Pulau:

View full Elvina @ Balik Pulau profile β†’

Balik Pulau β€” area snapshot

Full area guide β†’

Price range

RM 492K – RM 875K

asking prices in area

Active projects

1

selling or under construction

Subsale condos

2

completed projects

Total tracked

4

properties in this area

Other projects in Balik Pulau

All 3 others we track here, cheapest first β€” 1 of them still selling.

Elvina @ Balik Pulau subsale β€” common questions

What is the price of Elvina @ Balik Pulau?

Elvina @ Balik Pulau runs RM587,000 and up. That is the developer launch price, not what the building trades at today. Treat it as a floor for negotiation. Checked 2026-07-20.

Is Elvina @ Balik Pulau freehold or leasehold?

Elvina @ Balik Pulau is freehold. We do not hold the land title class on record β€” confirm it with the developer, because a commercial title changes your utility tariffs and loan margin.

Can a foreigner buy at Elvina @ Balik Pulau?

Not at current prices. Penang Island sets a RM1,000,000 minimum for foreign buyers and no unit here clears it, so Elvina @ Balik Pulau is open to Malaysian and PR buyers only.

When was Elvina @ Balik Pulau completed?

Elvina @ Balik Pulau completed in 2025, developed by JKP Sdn. Bhd.. Units here trade sub-sale.

How big are the units at Elvina @ Balik Pulau?

Built-ups run 1,400 to 2,200 sq ft. There are 26 units in total.

What's the difference between the terrace and semi-D units?

The 2-storey terraces run 1,400–1,800 sq ft, while the 2-storey semi-detached units are larger at 1,800–2,200 sq ft. Ask Zac for the current price list by unit type.

Is there a clubhouse or shared facilities?

No β€” our data shows only gated and guarded security. This is a no-frills landed scheme without shared amenities.

More on the neighbourhood:

Balik Pulau area guide β€” schools, transport, PSF, lifestyle scorecard β†’

Substitutes worth comparing

Open full comparison β†’

Same area family, same property type, similar price band β€” what most buyers actually cross-shop.

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